City of Lexington Agenda City Council Regular Meeting 2026-06-04
Lexington Renews Insurance Coverage with VRSA for FY27
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Description
The City renewed its municipal insurance coverage with the Virginia Risk Sharing Association (VRSA) for the 2027 fiscal year. Renewal impacted budget lines for police and fire LODA costs.
Contract Details
Vendor
VIRGINIA RISK SHARING ASSOCIATION
Agency
City of Lexington, VA
Contract Type
INSURANCE
Document Date
June 4, 2026
Contract Term
FY 2027
Renewal Date
2027-06-30
Renewal Info
Annual renewal occurs each fiscal year. LODA costs adjusted per renewed premium proposal.
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